Croatia's Cakovecki Mlinovi to pay 5 kuna (0.67 euro) dividend/share for 2021

The shareholders decided to distribute as dividend a total of 51.45 million kuna and to retain the company's net profit of 13.6 million kuna for 2021, Cakovecki Mlinovi said in a filing to the Zagreb Stock Exchange following its annual shareholders' meeting on Tuesday.

Ex-dividend date is September 5, record date is September 6 and payment date is September 21.

The meeting also approved a decision to move the company's 10.290 million regular shares from the regular market segment of the Zagreb Stock Exchange where they are currently listed to the higher and more transparent official market segment.

Cakovecki Mlinovi's shares traded 2.61% higher at 78.50 kuna intraday on the Zagreb bourse on Wednesday and were the third most traded stock with a turnover of 122,111 kuna.

(1 euro=7.514 Croatian kuna)